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Published

Wall Street has its worst day since 2022 as fear of a US economic slowdown deepens; Dow sinks 1,000

  • The Dow Jones Industrial Average dropped 1,100 points, or 2.8%, due to U.S. Economy concerns, with futures falling over 1,200 points before trading began.
  • Japan’s Nikkei 225 plunged 12.4%, marking its worst day since 1987, reflecting global market sell-offs.
  • Goldman Sachs predicts a 25% chance of recession in the next year, while JP Morgan analysts see a 50-50 likelihood.
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BBC NewsBBC News

UK and European stock markets fall on US fears

The UK's FTSE 100 dropped after Asia stocks plummeted on concerns US growth is slowing.

·United Kingdom
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ReutersReuters

Wall Street tumbles on growing recession worries

Wall Street's main indexes tumbled on Monday, as fears of the United States tipping into recession following weak economic data last week rippled through global markets.

·United Kingdom
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abc Newsabc News

Dow falls 1,000 points as recession fears fuel calls for interest rate cut

Each of the major stock indexes fell more than 2% in early trading on Monday.

·United States
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Irish IndependentIrish Independent

Wall Street has worst day since 2022 as fear of US economic slowdown deepens

Wall Street fell the most in nearly two years, continuing a global rout in financial markets, as fear worsens that the US economy is slowing down.

·Ireland
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NZ HeraldNZ Herald

Asian shares tumble as traders brace for global volatility

Japanese stocks plunged heavily on Monday, pitching the country’s major indices into their third straight session of massive declines as global markets...

·Auckland, New Zealand
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New York PostNew York Post

Wall Street bloodbath: Dow, Nasdaq plummet as renewed recession fears trigger global sell-off

Nvidia, Meta and Apple all lost 6% of their market capitalization.

·New York, United States
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